Sweden briefly grabs limelight from Greece, as it unexpectedly cuts interest rates and extends bond-buying program. Stockholm wants to weaken its currency, the Krona to help exports and stimulate inflation. The U.S. Department of Justice also has Sweden in its sights. It wants to block Swedish appliance maker Electrolux in its $3.3 billion takeover of General Electric’s (GE) Appliances business, saying it will dominate the stoves and cooktops market. Electrolux shares tumbled on the news. British electronics and cellphone retailer Dixons Carphone to invest in U.S. joint venture with cellphone operator Sprint (S) It will run up to 500 Sprint-branded shops and invest up to $32 million. Greece still sending mixed messages to its creditors and its voters ahead of Sunday’s referendum. TheStreet’s Jane King has details from the Nasdaq Marketsite.
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